Private bedroom in 5 bed/3 bath Home
1119 S Loomis St
ChicagoIL60607
Cheap 5 Bedroom Apartments for Rent in the Southwest Chicago Neighborhood of Chicago, IL from $980 (7 Rentals)
Private bedroom in 5 bed/3 bath Home
1119 S Loomis St
ChicagoIL60607
Private bedroom in 5 bed/3 bath Home
1119 S Loomis St
ChicagoIL60607
Southwest Chicago
Named as one of the Best Affordable Neighborhoods to rent in Chicago by our Chicago, IL Local Expert Nicole Harms. See how it ranks!
Private bedroom in 5 bed/3 bath Home
1119 S Loomis St
ChicagoIL60607
Private bedroom in 5 bed/3 bath Home
1119 S Loomis St
ChicagoIL60607
253 W 43rd St
ChicagoIL60609
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms
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Southwest Chicago, Chicago, IL Local Guide
How much does it cost to rent an apartment in Southwest Chicago?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southwest Chicago Studio Apartments | $2,062 | $575 | $6,007 |
| Southwest Chicago 1 Bedroom Apartments | $2,615 | $685 | $10,000+ |
| Southwest Chicago 2 Bedroom Apartments | $3,180 | $1,000 | $10,000+ |
| Southwest Chicago 3 Bedroom Apartments | $3,396 | $800 | $10,000+ |
| Southwest Chicago 4 Bedroom Apartments | $2,513 | $750 | $10,000+ |
Southwest Chicago 5 Bedroom Apartments | $2,862 | $980 | $6,200 |
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Southwest Chicago, Chicago, IL Local Guide
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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Frequently Asked Questions about Cheap Southwest Chicago Apartments
What is a cheap apartment in Southwest Chicago?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southwest Chicago is under $780.
What is the price of a cheap apartment in Southwest Chicago?
The cheapest apartment in Southwest Chicago is 1155 W 83rd St which is listed at $750, while the average apartment in Southwest Chicago costs $2,455.
What types of apartments are the cheapest in Southwest Chicago?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 150 regular apartments in Southwest Chicago that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Southwest Chicago?
Cheap apartments in Southwest Chicago have an average cost of $280 which is $2,175 cheaper than the average rent for all rentals in Southwest Chicago.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.